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20130101
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Search Results 0 to 14 of about 15 (some duplicates have been removed)
PBS
Dec 27, 2012 6:30pm PST
-called fiscal cliff, taxes and spending cuts unless democrats and republicans reach a deal by new year's eve. >> nearly all the major players in those negotiations are starting to agree on one thing, and that is that a deal is virtually impossible by that deadline. senior officials say there is little hope of a grand bargain to shave trillions of dollars off of america's mountain of debt. >> applause for the bell at the start of the trading day is a daily ritual at the new york stock exchange, despite the enthusiasm, traders are keeping an anxious eye on share prices. the fiscal cliff is on everyone's mind. u.s. treasury secretary timothy geithner has warned that his department will need to take extraordinary measures to postpone the upcoming government defaults. he plans adjustments to the national budget that would give the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negotiations with republicans in congress. before christmas, the president called for bipartisan
KCSMMHZ
Dec 31, 2012 5:30pm PST
so-called fiscal cliff. members of the senate agreed to extend tax cuts for middle income earners and raise taxes on the wealthy but the house of representatives decided not to vote on the bill on new year's eve. the house is expected to resume talks quickly in the new year to avert a serious impact from tax hikes. president barack obama gave a c year's eve. >> now today it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve, but we're hopeful that congress can get it done. >> senate republican leader mitch mcconnell said the two parties had reached an agreement on taxes. they are believed to have agreed to extend tax cuts for middle income earners. people earning more than $450,000 per year will see their taxes go up. that's far higher than obama's original proposal. they have yet to agree to suspend spending cuts. the democrat led senate is expected to pass the bill on new year's eve. the republican led house says it will not vote on the bill before the midnight deadline. members of congress are expected to work on a stop gap measure to prevent any serious fiscal impact. the fiscal cliff has become a te
CSPAN
Jan 1, 2013 7:00am EST
daily news in new york has this front page -- back to these so-called fiscal cliff talks, and your take on it, rich in new jersey, an independent color -- caller -- caller: number one, thank you for taking a call from an independent. we are all americans. it troubles me that we have to get to this point before there is actually some kind of negotiation. i want our country to try and deal with the problems we have a rational basis to do what is best for everybody. republican or democrat, the way washington is one is out of control. these people cannot answer to anybody. i'm wondering why our politicians do not look at term limits, bringing other people in. i appreciate what a biden has done to be a moderator, but we have people in there who have been there -- i don't want to say centuries -- but too long. they live in a bubble away from what is normal people do in our daily life. i have to meet a payroll at my small-business, i have to put three or four children after a college education, and i do not get a day from any government program. i almost feel like our country is moving to a point where it is just speci
CSPAN
Dec 27, 2012 7:00am EST
articles about the fiscal cliff issue. joining us now is merideth shiner of cq roll call. ms. shiner. guest: ms. shiner seem so formal. we're having a recession in between christmas and new year's. that has not happened since the 1970's. maybe we should play disco or maybe they should just finished their work so they can stop making terrible jokes. i think you are a point to see some push in the next few days to try to get some sort of small deal done. you have to remember and your viewers will notice, because they are fans of the legislative process, anything that gets done, it has to get done very quickly in order for there to be time before new year's for it to be approved and signed into law. today's the 27th. the senate comes back in session today, the house is in pro-forma so it probably will not do any work. you only have a few days left for lawmakers to make a deal -- ink a deal. the president took off last night from hawaii, but there's a five-hour time difference. time is working against these lawmakers. they will have to figure out something if they want to do anything before new year's. it seems quite likely that we are going to go over this cliff and that whatever
CSPAN
Dec 26, 2012 7:00am EST
in more discussions over the so-called fiscal cliff with the new year's deadline looming in several days. the senate is due back in session tomorrow. they have several items on their docket. they have defense spending and perhaps fiscal cliff matters. the house is due in tomorrow as well. we do not have their schedule. both bodies of congress in over the weekend as well. here are the numbers to call for open phones. republicans, 202-585-3881. democrats, 202-585-3880. independents, 202-585-3882. "the richmond times dispatch" -- host: a lot more to tell you about in the papers today, including this piece about john kerry, the man who the president has nominated to become secretary of state. now the outgoing massachusetts senator. they go on in this piece in "usa today" -- harder choices loom. syria being a more intractable problem than libya. a tougher stance with china through the a share rebalancing . is now the time to me sure a firmer line does not lead to another war. writer a lot that the lays out in his piece. grace from alabama, good morning. caller: good morning. i have a que
CSPAN
Dec 30, 2012 7:00am EST
morning to you. taking to the latest headlines on the fiscal cliff. i will run a few -- through a few of them for you. from "the daily news" -- also "l.a. times" -- i will take to "a "boston globe"" -- "the boston globe" -- the new york post -- the story i want to start with this morning is from politico. that line is -- senate leaders are headed into a critical sunday session of congress with a similar mission to avoid historic tax hikes, setting the stage for a high wire a final act of fiscal cliff negotiating just two days before the country is hit with a series of tough austerity measures. -- that again is from politico this morning. you're getting your thoughts, and we want to hear your message to congress on the fiscal cliff negotiations. the politico story mentioned what was happening on saturday evening on capitol hill. here is the washington post -- the washington post also offers a handy time line of what is set to happen today in the countdown to the cliff. at 1:00 p.m., the senate is set to reconvene. at 2:00 p.m., the house reopens. -- tonight or tomorrow, on monday -- that is our schedule, the fiscal cliff count down
CSPAN
Dec 31, 2012 7:00am EST
of joe manchin as congress prepares to meet again today with the fiscal cliff looming. good morning. the deadline is here and the countdown is down two hours instead of days. the first time since 1970, congress is meeting between the christmas and new year's holiday. preparations are underway as lawmakers -- if lawmakers fail to act. we are 17 hours until the deadline. midnight is the deadline east coast time. here are the numbers. host: also, send us an e-mail and jonas on facebook, -- join us on facebook or you can send us a tweet. let's take a scan of the headlines and we begin with "the atlanta journal-constitution." a lot of talking but still no votes. the deadline has come and gone. one last day for a fiscal deal is the headline from "the boston globe." we are also keeping an eye on wall street. the markets are queasy. from the headlines "the wall street journal." host: a lot of activity on the house and senate chamber. we will be falling all of that on the c-span networks. we have the deputy white house editor from politico. tell us where we stand. guest: we stand in limbo, is the best way to put it. the senate was hoping they could be the ones to reach a deal over the weekend and they could not and that has left things in the hous
CSPAN
Dec 28, 2012 7:00am EST
passed legislation to avert the entire fiscal cliff. there is an ad we want to point out in "the new york times" and "the washington post." together" rds "come as a way to send a message to congress. "the struggle of today is for a vast future also." the words of abraham lincoln. jim from georgia on the republican line. caller: thank you. the senate has not passed a budget bill in the past three years. does that affect the fiscal cliff? host: more than four years? caller: does that affect our physical cliff? host: that is a larger issue of taxes and spending cuts. caller: thank you. host: bob on the independent line from florida. caller: nobody should worry about the fiscal cliff. asey have everybody's ira's hostage. ira will have to buy ies.sur they are not worried about the budget. everybody that has an ira basically it will have nothing because interest rates will go up so high on the treasury bills in the coming decade. be heldy's ira will hostage. i took money and i put it into gold. i did not pay any taxes on it. possession is 9/10 of the law. let them come and find it. every politi
CSPAN
Dec 24, 2012 7:00am EST
, the headline on avoiding the so- called fiscal cliff. here is "the new york times" frontpage. the headline -- that is "the new york times" reporting. inside the paper, they say democratic leaders say they will move forward on legislation this week only a senator mitch mcconnell of kentucky, the republican leader, will assure them it will not be filibustered -- investors anticipate a turbulent week in the market of congress and the white house continued the standout. i also note that mr. mcconnell's own reelection bid is coming in 2014. the borrower review of the nothing to shift the anger of some self assessment of the speaker does nothing to pass it does go to the floor. the bill is not moving along, says bob corker from tennessee. here is what the republican from idaho had to say about the fiscal cliff negotiation. [video clip] >> if we get down to the end of the year and the only choice we have is to save taxes going up on the middle-class, i would support that. but i wish we had a comprehensive bill that dealt with spending, entitlement, and taxes altogether. that is really wh
CSPAN
Dec 25, 2012 7:00am EST
cliff, who will most likely make the next news story? guest: i think it has to be president obama. i think john boehner went through a devastating experience this last week when he called for a vote and did not have a vote. his troops abandoned him. it has been ongoing for a while, his relationship with some of these freshman. he is having a difficult time and i think he has been rendered -- left in a weakened state going forward. i think the people who still have power here -- the white house and the senate -- suddenly i think there is more and more attention given to senate republicans. it is not clear whether mitch mcconnell wants to play a role because he has a campaign coming in 2014. for some people on the far right, the idea that mitch mcconnell would make a deal with obama could be acceptable. you have 10 or more republican senators who say they are willing to do business with president obama in terms of approving an increase in the marginal tax rates. if that is the case, if you could get them to pass some kind of bill and then send it on to the house, and all boehner said w
CSPAN
Dec 29, 2012 7:00am EST
not think there will be a fiscal cliff because i think it will cost too much danger. i would like for the republicans to be definitely voted out and new people come in with better ideals. there are stuck in the old school. host: cheryl in virginia on the line for independents. caller: thank you for taking my call. i just wanted to say we are tired of partisan politics. we know that the what they do not pay their fair share of taxes, and they know it, too. the working man and the middle class carried the burden of this country including the tax burden. if mitch mcconnell and republicans had worked with the president of in the first term, we would not be near a fiscal cliff. we need term limits. i do not think they ought to serve more than the president can serve. host: a year limit on both the house and the senate? caller: absolutely. rockylet's move onto a from north carolina. caller: good morning. i would like to make a general comment about the congress and the senate. somehow they have gotten off track for the american people. they need to bring jobs back to the united states. president obama promised in his campaign to lower the corporat
ABC
Dec 30, 2012 7:00am EST
>>> hi, everybody. happy new year. welcome to the ""wall street journal" report. the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo. >> all that ahead, but first, here's fill griffith with the look at the stories making headlines this week. >> thanks, maria. here's what's making news as we are heading into a new week and new year on wall street. congress is working the weekend, attempting to avert some part of that $6 billion in automatic tax increases and the spending cuts that are set to kick in on januar1st. that fiscal cliff and its potential impact on our economy brought lawmakers from both uses to washington for last-minute negotiations. concerns about the cliff spooked investors, the holiday shortened trading week was lighter in volume but higher in volatility.
CNBC
Dec 23, 2012 7:30pm EST
. >> nice to see you. >> great to be here. >> so does all the drama over the fiscal cliff and uncertainty about the economy weigh on consumers? how are you expecting the season to play out? >> well, i don't have any doubt that it does weigh on consumers, it's in the news constantly, people are worried about it, but having said that, we're talking about christmas here. this is no minor holiday. so christmas is going to come on tuesday. it is christmas day. and consumers have to get shopping. and the last thing that parents want to cut back on is the toy is the holiday present for their child for christmas. >> true. so i want to go through the toys you brought. what are you expecting in terms of this christmas holiday shopping season? anything we should look at as far as the real gauges? >> well, you know, it's all going to come down to the last weekend, to the last few days. >> even christmas eve. >> even christmas eve. and toys"r"us, just to make sure, we are open 24 hours all the way through until 10:00 p.m. christmas eve night. so there's still plenty of time, if you haven't bought the toy, get out there now, get off the couch. go to toys"r"us, we're open all night. >> okay. that's good, 24 hours, wow. so does that really help, being open -- i mean, that was t
Search Results 0 to 14 of about 15 (some duplicates have been removed)